$1,199,900
2422 De Soto St, Houston, TX, 77091
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1.95 acres
Building Information
Year Built1957
Stories1
Garage Spaces4
Land Information
APN0410660000161
Land UseResidential
Legal DescriptionTRS 27 & 29 ABST 110 E BENSON
Census Tract531900
Assessed Land Value$781,466
Assessed Improvement Value$109,622
Assessment Year2025
About this property
Exceptional real estate opportunity in Houston, Texas! This property features approximately 2 acres of gated land with a 2-bedroom, 2-bathroom home offering 2,458 sq. ft. of living space. Perfect for new development, investment, running your own business while living on-site, or creating an event center, church, or private venue. With endless possibilities and room to bring your vision to life, this property is ideal for investors, developers, and entrepreneurs. Don’t miss this unique opportunity!
Investor Tools
$332,452Estimated Mortgage Balance
$558,636Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,199 /month
Positive
Cash Flow Estimate:
$2,400 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,107
$891,088
2025
$781,466
$109,622
$891,088
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,107
$891,088
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$333,900
No
First
Jul 31, 2026
Aug 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,452
$558,636
62%
37%
$2,002/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,002/mo
$-695/mo
1.8%
